General Awareness

GOVERNMENT POLICIES AND SCHEMES - June 2019

Jun 2019

Mar 30, 2023

Lok Sabha Passes Competition Amendment Bill 2022

The Lok Sabha passed the Competition Amendment Bill 2022 without discussion amid vociferous protests by Congress-led opposition.
The bill proposes to expand the scope of cartel prosecution by bringing hybrid anti-competitive agreements (such as hub and spoke cartels) within its ambit to enable the Competition Commission of India to treat cartel facilitators (who actively participated) at par with the cartel participants.
It also proposes to further expand the scope of cartel prosecution to include non-participants who had 'intended to participate' in the cartel.
Another bill, the Biological Diversity Amendment Bill 2022 was referred to a joint committee of Parliament.

Mar 29, 2023

Mamata Banerjee to Launch Scheme for Development of Rural Roads in Bengal

West Bengal Chief Minister Mamata Banerjee launched a scheme for development of rural roads at Singur in Hooghly district.
Under the 'Pathashree-Rastashree' scheme around 12,000 km of roads would be constructed or reconstructed in 29,475 villages of the state.
Twenty two districts will benefit from this project as 8,767 roads were approved under this scheme.

Mar 28, 2023

Lok Sabha Clears Finance Bill Amendment

Lok Sabha passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
Among the amendments is the governments' move to tax investments in debt mutual funds as short-term capital gains.
The Finance Bill that gives effect to tax proposals for fiscal year starting April 1 was passed without a discussion amidst ruckus by opposition members demanding a JPC (Joint Parliamentary Committee) probe into the allegations against the Adani Group of companies.

Mar 27, 2023

Lok Sabha Passes Finance Bill with Key Amendments without Discussion

Lok Sabha passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
The Finance Bill that gives effect to tax proposals for fiscal year starting April 1 was passed without a discussion amidst ruckus by opposition members demanding a JPC (Joint Parliamentary Committee) probe into the allegations against the Adani Group of companies.

Mar 26, 2023

Lok Sabha Passes Appropriation Bill

The Lok Sabha passed the Appropriation Bill 2023 through voice vote, before the House was adjourned for the day.
The Appropriation Bill entails expenditure worth around Rs. 144 lakh crore for 2023-24.
With the passage of the bill, the government has got the authority to withdraw the said amount from the Consolidated Fund of India for meeting the expenses for 2023-24.
As per norms, the Appropriation Bill was introduced in the Lok Sabha after discussions on budget proposals and voting on demand for grants.

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